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V2112-14 ·1 August 2014 ·consulta-vinculante Medium impact
Tax

Civil liability insurance premiums remain tax-deductible after cessation of economic activity

An architect who has ceased her professional activity inquired whether she could still deduct premiums for civil liability insurance required by law. The Directorate General for Taxes (DGT) ruled that, as the expense is a consequence of the exercise of the activity, it retains its deductible nature.

In 6 key points

Lifecycle

2014-08-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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